Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Aggreko plc    AGK   GB00BK1PTB77

My previous session
Most popular
Real-time Quote. Real-time Cboe Europe - 10/18 05:30:00 pm
838.6 GBp   +0.74%
10/09AGGREKO PLC : Crossing thresholds
10/04AGGREKO PLC : Crossing thresholds
09/27AGGREKO : Unveils New Fuel-Efficient, 100% Oil-Free Air Compressor F..
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

European shares reverse early losses, DAX immune to political worries

share with twitter share with LinkedIn share with facebook
share via e-mail
11/21/2017 | 06:19pm CEST
The German share price index, DAX board, is seen at the stock exchange in Frankfurt

LONDON (Reuters) - European shares quickly recovered from a weaker open on Tuesday as continued faith in the underlying strength of the European economy and a synchronised global expansion overcame negative trading updates, notably in Britain.

The STOXX 600 <.STOXX> benchmark ended up 0.4 percent with most European bourses and sectors in positive territory.

Germany's DAX <.GDAXI> rose 0.8 percent after Chancellor Angela Merkel said she would prefer a new election to minority rule after the failure of talks to form a three-way coalition.

"Financial markets did not really react too much", said Paul Donovan, chief economist at UBS Wealth Management, adding that a snap election was not the most likely option because it would be a lengthy process.

Two veteran allies of Merkel appealed to Germany's parties on Tuesday to strike compromise to form a stable government that could drag Europe's biggest economy out of a political impasse. [nL8N1NR2MR+

Volkswagen (>> Volkswagen) was among Germany's top gainers for a second day. The carmaker extended gains made after raising its mid-term outlook on Monday, rising 3 percent.

ProSiebenSat.1 (>> Prosiebensat 1 Media SE) rose 1.5 percent after JP Morgan lifted its target price to 45 euros amid continuing speculation that the German broadcaster could become an acquisition target.

Energy group Uniper (>> Uniper SE) (>> Volkswagen), meanwhile, ended flat after saying it rejected an 8.05 billion euro (£7.1 billion) bid from Finland's Fortum (>> Fortum Oyj). Uniper said the offer significantly undervalued the company.

On the UK market, a number of trading updates triggered sharp falls.

Aggreko (>> Aggreko plc), the world's largest listed temporary power provider, slumped 11 percent as the lingering effect of discounts made to win a contract in Argentina this year clouded third-quarter results.

Melrose (>> Melrose Industries) fell 5 percent after reporting difficult market conditions for its Brush business, which manufactures electricity generating equipment.

Other UK companies hit by results announcements included Mediclinic (>> Mediclinic International), down 5.8 percent, with Intertek (>> Intertek Group) falling 4.2 percent, Compass (>> Compass Group plc) 3.3 percent and Johnson Matthey (>> Johnson Matthey PLC) 3.4 percent.

Kingfisher (>> Kingfisher), Europe's largest home improvement retailer, fell as much as 1.8 percent after reporting a small fall in underlying sales, citing weak performance in France. The stock reversed losses to end up more than 1 percent.

EasyJet (>> EasyJet) was a top performer with a 5.1 percent gain after it said it was benefiting from the collapse of rivals and from problems at Ryanair (>> Ryanair Holdings plc).

Altice (>> Altice) shares fell 2.7 percent after Bank of America Merrill Lynch cut its rating on the telecoms and cable group to "neutral" from "buy", with the investment bank citing the impact of lower expectations for the company's French business.

(Reporting by Julien Ponthus and Danilo Masoni; Editing by Georgina Prodhan/Jeremy Gaunt)

By Julien Ponthus

Stocks mentioned in the article
ChangeLast1st jan.
AGGREKO PLC 1.13% 841 Delayed Quote.0.03%
ALTICE EUROPE 2.84% 2.39 Delayed Quote.-72.98%
COMPASS GROUP PLC 0.30% 1522 Delayed Quote.-2.25%
DAX -0.19% 11694.01 Delayed Quote.-10.09%
EASYJET 0.04% 1151 Delayed Quote.-18.89%
FORTUM OYJ 0.49% 19.435 Delayed Quote.17.55%
INTERTEK GROUP 0.84% 4571 Delayed Quote.-15.05%
JOHNSON MATTHEY PLC -2.01% 3021 Delayed Quote.0.65%
KINGFISHER -0.64% 249.9 Delayed Quote.-25.23%
MEDICLINIC INTERNATIONAL -8.60% 355.3 Delayed Quote.-28.48%
MELROSE INDUSTRIES 0.33% 165.15 Delayed Quote.-21.94%
PROSIEBENSAT.1 MEDIA 0.66% 21.19 Delayed Quote.-26.70%
RYANAIR HOLDINGS PLC -1.45% 11.58 End-of-day quote.-22.72%
STOXX EUROPE 600 0.09% 363.87 Delayed Quote.-7.77%
UNIPER SE 2.60% 26.82 Delayed Quote.-3.27%
VOLKSWAGEN 0.29% 147.8 Delayed Quote.-13.24%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AGGREKO PLC
10/17AGGREKO : Chief Learning Officer Honors Aggreko with Gold Learning in Practice A..
10/11Ashtead Group plc appoint of Angus Cockburn as a non-executive director
10/09AGGREKO PLC : Crossing thresholds
10/04AGGREKO PLC : Crossing thresholds
09/27AGGREKO : Unveils New Fuel-Efficient, 100% Oil-Free Air Compressor Fleet
09/06AGGREKO PLC : Ex-dividend day for interim dividend
08/21AGGREKO PLC : Crossing thresholds
08/17AGGREKO : revenues down 15%
08/15AGGREKO : SelecTech Program Partners With San Jacinto College
08/09GENERAL ELECTRIC : GE's Distributed Power to Deploy Its myPlant Asset Performanc..
More news
News from SeekingAlpha
08/04Aggreko plc (ARGKF) CEO Chris Weston on Q2 2018 Results - Earnings Call Trans.. 
08/04Aggreko PLC 2018 Q2 - Results - Earnings Call Slides 
08/01Aggreko PLC ADR 2018 Q2 - Results - Earnings Call Slides 
08/01Aggreko reports 1H results 
03/06Aggreko's (ARGKF) CEO Chris Weston on Full Year 2017 Results - Earnings Call .. 
Financials (GBP)
Sales 2018 1 726 M
EBIT 2018 217 M
Net income 2018 119 M
Debt 2018 599 M
Yield 2018 3,26%
P/E ratio 2018 17,42
P/E ratio 2019 16,23
EV / Sales 2018 1,58x
EV / Sales 2019 1,50x
Capitalization 2 132 M
Duration : Period :
Aggreko plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AGGREKO PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 14
Average target price 7,98  GBP
Spread / Average Target -4,1%
EPS Revisions
Chris Weston Chief Executive Officer & Executive Director
Kenneth George Hanna Chairman
Heath Drewett Chief Financial Officer & Executive Director
Volker Schulte Group Director-Manufacturing & Technology
Grant Nairn Group Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
AGGREKO PLC0.03%2 792
WORLDPAY INC7.04%29 598
UNITED RENTALS-19.95%11 505
LG CORP--.--%10 149